Page 24 - Proposed budget cover and insert sheets

CITY OF HURST
FY 2024-2025 PROPOSED BUDGET
STORM DRAINAGE UTILITY FUND
REVENUES AND EXPENDITURES
The Storm Drainage Utility Fund was implemented during Fiscal Year 2008-2009. This utility fee is determined by calculating
impervious area for properties throughout the City. The fee is assessed on water bills and will generate funding for
drainage projects and unfunded federal mandates associated with the state required Stormwater Management Plan. The
current fee is $4.00 for each single family dwelling unit. Commercial rates are based upon square footage of impervious
surface. The proposed budget includes a 12.5% rate increase which is below the CPI measure of 44% since the rate was
approved in 2008.

ESTIMATED FUNDS AVAILABLE BEGINNING OCTOBER 1, 2024 $1,115,640

REVENUES

Storm Drainage Utility Fees $1,098,751
Proposed Rate Increase $137,344
Other Miscellaneous Revenue $20,000

TOTAL REVENUES $1,256,095

TOTAL FUNDS AVAILABLE $2,371,735

ESTIMATED EXPENDITURES

Engineering
Personnel $173,985
Materials & Supplies 1,740
Maintenance 1,800
Sundry
Professional Services $43,400
Training/Certification 4,240
Indirect Cost Allocation 109,334
Misc. 3,215
Depreciation 7,633 167,822
Internal Services 4,303
Capital Projects 0
Total Engineering $349,650

Drainage
Personnel $270,579
Materials & Supplies 5,401
Maintenance 345,730
Sundry
Professional Services $22,136
Special Events - Hazardous Waste 93,600
Misc. 8,499
Depreciation 253,995 378,230
Internal Services 92,703
Capital Projects 262,000
Total Drainage $1,354,643

TOTAL EXPENDITURES $1,704,293

Less Depreciation $261,628

ESTIMATED FUNDS AVAILABLE AT SEPTEMBER 30, 2025 $929,070